American Electric Power Company, Inc.

AEP ·Utilities, Utilities - Regulated Electric, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item Mar 2024 Dec 2023 Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022 Jun 2022
Revenue $5.03B $4.58B $5.34B $4.37B $4.69B $4.88B $5.53B $4.64B
Cost of Revenue $1.58B — — — — — — —
Gross Profit $3.45B — — — — — — —
Gross Margin 68.6% — — — — — — —
Operating Expenses
Research & Development — — — — — — — —
SG&A Expense — — — — — — — —
Operating Income $1.17B $623.2M $1.35B $874.7M $704.8M $560.1M $930.1M $1.00B
Operating Margin 23.3% 13.6% 25.3% 20.0% 15.0% 11.5% 16.8% 21.6%
Interest Expense $435.6M $460.9M $470.3M $460.0M $415.7M $394.4M $360.7M $327.6M
Pretax Income $839.3M $350.9M $1.00B $525.3M $390.6M $157.6M $657.0M $739.8M
Income Tax Expense $-141.9M $-48.2M $64.2M $28.6M $10.4M $-85.3M $-16.1M $54.0M
Net Income $1.01B $338.2M $958.3M $516.1M $400.4M $545.9M $520.8M $520.8M
Net Margin 20.0% 7.4% 17.9% 11.8% 8.5% 11.2% 9.4% 11.2%
EPS (Basic) $1.91 $0.65 $1.83 $1.01 $0.77 $0.75 $1.33 $1.02
EPS (Diluted) $1.90 $0.63 $1.83 $1.01 $0.77 $0.73 $1.33 $1.02
Shares Outstanding (Basic) 526.6M 518.9M 520.5M 514.9M 514.2M 511.8M 513.7M 513.6M
Shares Outstanding (Diluted) 527.6M 520.2M 521.4M 516.2M 515.6M 513.5M 515.3M 515.2M
Dividends Per Share $0.88 $0.88 $0.83 $0.83 $0.83 $0.83 $0.83 $0.78
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